Money: August 2007

Thursday, August 30, 2007

7 top stocks insiders own

When the people at the top are also major owners of the enterprise, the other shareholders are likely to benefit from management's actions.

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[Source: MSN Money Latest Articles]

Oil prices fluctuate

Energy futures fluctuated Thursday, buffeted by slower-than-expected economic growth figures and Wednesday's government report of a sharp decline in inventories.

Want a job at Google? Try these brainteasers first

Dream of landing a coding job at an A-list tech company? It might be a good idea to prep for your interviews by pondering how many golf balls can fit inside a school bus. Or how much you would charge for washing all the windows in Seattle. Or why, exactly, manhole covers are round and not, say, square.

Dow falls 51 in very choppy trading

Weakness in financial stocks offsets strength in techs. Oil stocks move higher as crude holds above $73. Another report shows weakening home prices. Jobless claims are soft. Freddie Mac and H&R Block show profit declines. Sears profits tumble.

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[Source: MSN Money Latest Articles]

Nearly half of cities see home prices fall

A 287-city report finds the slowest growth in two decades, with metro areas inCalifornia and Florida showing year-over-year declines of as much as 8%.

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[Source: MSN Money Latest Articles]

Judge: No protection for Bear Stearns

Read full story for latest details.

Retail threat: Housing, credit fear more than gas prices

Higher gas prices couldn't deter Americans from their urge to splurge, but a new survey Thursday showed consumers are much more scared about the twin squeeze on their wallets from declining home wealth and a credit market freeze.

Housing troubles worsen for the poor

The housing boom may have ended, but even at its peak, it left legions of low-income, working families worse off in its wake.

How to invest your next $1,000

When the market sells off, the big money buys, but how can you follow with just a grand in hand? Find a fund led by a great stock picker. These 10 look promising.

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[Source: MSN Money Latest Articles]

Dow soars 247 as energy, techs rebound

Stocks shoot up as bargain hunters swoop in after Tuesday's rout. Energy shares pop higher after crude oil jumps over $73. Traders are cheered by a letter from Fed boss Bernanke saying the Fed will 'act as needed.'

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[Source: MSN Money Latest Articles]

Wall St.: Shaky before Bernanke

Stocks struggled Thursday as investors mulled strong economic growth in the second quarter and more problems in the credit market, ahead of a key speech from Federal Reserve chairman Ben Bernanke, expected Friday.

Dell's profit rises on lower costs

Read full story for latest details.

Fed may not rush to the rescue

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The hard, fast life of a greenback

You know money doesn't grow on trees, but where does it come from? Spend a little time finding out. I'll even tell you which denominations generally last longest.

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[Source: MSN Money Latest Articles]

Get ready for the new Cold War

As Putin sheds his shirt and talks tough, frustrated militaries (and defense contractors) on both sides seem geared up for another costly arms race. And this time, Russia has oil money to burn.

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[Source: MSN Money Latest Articles]

Federal report: Home prices still going up

Home prices increased during the three months ended June 30, albeit only slightly, according to the latest quarterly report from the Office of Federal Housing Enterprise Oversight (OFHEO).

On a $10 flight, everything is extra

The pilots wear khakis and camp shirts, and T-shirt-clad flight attendants hawk jewelry, medicine and food. Welcome to Skybus, America's new discount airline.

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[Source: MSN Money Latest Articles]

Flippers fuel foreclosures

Flippers and other speculators investing in single-family homes helped drive up prices in many hot housing markets during the boom. Now they're contributing heavily to mortgage delinquencies in several of those markets.

Barnes & Noble decides to carry O.J. book

Read full story for latest details.

The new giant in PCs

Acer would vault into the No. 3 spot in global market share by acquiring Gateway. The deal could give the Taiwanese company the scale it needs to take on its bigger rivals.

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[Source: MSN Money Latest Articles]

Check your freezers for contaminated beef

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Mortgage rates decline slightly

Key mortgage rates declined slightly, but other products showed slight gains, Freddie Mac reported Thursday.

The best and worst credit cards

When it comes to swiping plastic, consumers gave high ratings to American Express, Discover, as well as to cards issued by credit unions in a report released Thursday rating the best and worst credit cards.

Oil jumps as supplies fall

Oil prices extended early gains Wednesday after a government report showing drops in crude and gasoline supplies overshadowed fears of a slowing economy.

Consumers shun adjustable rate mortgages

Read full story for latest details.

Get paid to move

Friends, many of you have e-mailed me questions about whether, and how, to ask an employer to cover the cost of relocating to take a new job. So I thought you'd be interested to hear the results of a new study that suggests that, if you're not finding the job you want in your hometown, it might pay to expand your search to a different city or state.

Tenet denies bankruptcy looming

Read full story for latest details.

Joe DiMaggio, Inc.

In the coming years, it should be much easier for the nation to turn its lonely eyes to Joe DiMaggio, as the Yankee Clipper's name could be plastered on everything from casinos to pizzerias to - you guessed it - steaming hot cups of Joe.

Big day on Wall Street

Stocks surged Wednesday, erasing the previous day's losses, as investors took a big drop in the yen and encouraging comments from the chairman of the Federal Reserve as signs that the recent market turmoil is waning.

Delta's COO resigns after snub

Read full story for latest details.

The other side of carbon trading

Planting trees in Mount Elgon National Park in eastern Uganda seemed like a project that would benefit everyone. The Face Foundation, a nonprofit group established by Dutch power companies, would receive carbon credits for reforesting the park's perimeter. It would then sell the credits to airline passengers wanting to offset their emissions, reinvesting the revenues in further tree planting. The air would be cleaner, travelers would feel less guilty and Ugandans would get a larger park.

Ask Bing: My boss is hitting on me

I work in a large corporation where my department is mostly males. I usually bring my lunch or have lunch with either women from other departments or men who are at the same corporate title level. Lately, my boss has been asking me to lunch whether for my birthday or for annual review. Each time, I decline for scheduling conflicts.

American Air unveils JFK terminal

Read full story for latest details.

Millions of job seekers' data may be stolen

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No limit on investment caps - Bernanke

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Carlyle sees credit storm calming

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Wednesday, August 29, 2007

Samsung's climb to No. 2

While the wireless industry was going wild this summer over Apple's iPhone and the mere prospect of Google's foray into the business, Korean electronics maker Samsung quietly hit a milestone: It surpassed Motorola to become the No. 2 seller of mobile phones. In the second quarter Samsung shipped 37.4 million devices, compared with 35.5 million for Motorola.

Insider stock buys hit 4-year high: Report

Throughout the recent market turmoil, executives and directors of public companies have invested heavily in their own companies, according to a news report late Tuesday.

Oil inches up on inventory concerns

Read full story for latest details.

Bonds ease after Tuesday's jump

Treasury prices eased Wednesday as investors took profits after Tuesday's substantial gains.

New Orleans: Where's the money?

Ask New Orleanians how their city is faring these days, and their responses follow an eerily consistent arc. They begin with gratitude that you bothered asking and then move on to recitations of all the good that's going on.

Daimler, BMW may sue over China 'copycats'

Read full story for latest details.

CEO pay: 364 times more than workers

Pay comparisons almost always leave someone feeling dwarfed, and none more so than the CEO-to-worker pay gap. But even CEOs have reason to feel seriously dwarfed these days, thanks to the outsized paychecks of private equity and hedge fund managers.

Credit crunch hits hedge fund Cheyne

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Stocks ready to recover

U.S. stock futures were stronger Wednesday morning as investors regained their poise after the past session's flight to quality.

Foreigners seek oversight on U.S. markets - report

Investors outside the United States are calling for greater foreign oversight of American markets, banks and credit agencies, according to a report Wednesday.

Bear Stearns names Asia chief

Read full story for latest details.

Schering-Plough 1 of 10 stocks for today

The maker of prescription drugs, over-the-counter medicines and animal health products appears on an MSN Money list of stocks poised for gains. Here are StockScouter's top picks.

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[Source: MSN Money Latest Articles]

Ice cream giants locked in cold war

Forget local brands: Two multinational companies are battling for the $59 billion global market in frozen desserts.

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[Source: MSN Money Latest Articles]

Home-supply glut pushes stocks lower

The Dow loses nearly 57 points as weak existing-home sales offer little cheer. Natural gas falls and hits energy stocks. Financial stockscontinue to struggle. PC maker Gateway sells out to Taiwan's Acer. The credit crunch forces Home Depot to cut the price on its supply unit.

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[Source: MSN Money Latest Articles]

The new giant in PCs

Acer would vault into the No. 3 spot in global market share by acquiring Gateway. The deal could give the Taiwanian company the scale it needs to take on its bigger rivals.

Read More...

[Source: MSN Money Latest Articles]

Investors seek safety as market skids

As the giddiness of July has given way to the angst of August, investors are taking a second look at low-risk bonds and large-cap stocks.

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[Source: MSN Money Latest Articles]

Weak confidence, Fed disappointment slam stocks

The Dow tumbles 280 points as consumer confidence weakens and traders fear the Fed may not cut interest rates. Home prices in the top 20 markets see their biggest quarterly decline in 20 years. Three financial giants get downgraded.

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[Source: MSN Money Latest Articles]

Who's profiting from the Iraq war?

Military contractors that set up utilities, prepare food or make bulletproof vests are getting a big boost from the conflict. Here's who's getting the most money.

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[Source: MSN Money Latest Articles]

How to pick a great mutual fund

You can improve your odds merely by paying attention to a fund's annual expense ratio. Some simple calculations show why.

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[Source: MSN Money Latest Articles]

Home prices: No relief on horizon

Home prices have shown few signs of any turnaround, and a new report sees the downward slide continuing.

Crunch time for bloodied Wall St. banks

The mortgage meltdown and credit turmoil have taken a heavy toll on stocks in the financial sector. The question now for investors: Is the selling over?

Google CFO to retire by year-end

Read full story for latest details.

Ex-Wal-Mart executive may serve time

Read full story for latest details.

The price of walking away

The trio of private-equity firms buying Home Depot's wholesale supply unit decided to stay with the deal, but they could have walked away from the negotiations - for a modest fee.

Fed: Don't panic. We're here

When the Federal Reserve met on Aug. 7 and decided to leave a key interest rate alone, the central bank didn't appear overly concerned that problems in the subprime mortgage market would have a major impact on the broader economy, according to minutes of the meeting released Tuesday.

Thursday, August 30, 2007

Wednesday, August 29, 2007

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